Karachi: A recent transaction by an executive of Meezan Bank Limited has been disclosed under the Pakistan Stock Exchange (PSX) regulation 5.6.4, indicating no change in the cumulative shareholding percentage.

Mr. Muhammad Umar Khan Fareedy, an executive at Meezan Bank, has executed a transaction involving the purchase of additional shares of the bank. On July 14, 2025, Mr. Fareedy bought 1,900 shares at a rate of 375.90 Pakistani Rupees per share. This transaction was executed in the Central Depository Company (CDC) Ready Market, a designated market category.

Despite the acquisition, Mr. Fareedy's cumulative shareholding remains at 18,000 shares. The buy did not alter his overall percentage of ownership in the bank, which stays at 0%. According to information available from the Pakistan Stock Exchange (PSX), this transaction reflects a minor move in the executive's shareholding status.

This disclosure is part of the regulatory requirements that ensure transparency in the dealings of company executives with their company's shares.